Baker Boyer Bank

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Day, # Mon YEAR HH:MM:SS PST

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Megan Clubb Appointed to Director of Local Federal Reserve Bank of San Francisco

Tue, 7 Feb 2010 12:00:00 PST

Walla Walla, WA - The Federal Reserve Bank of San Francisco has appointed Megan Clubb, president and CEO of Baker Boyer Bank, to the Portland Branch board of directors. The board of directors provides the region's economic perspective to the Federal Reserve Bank's district board of directors in San Francisco and the Board of Governors in Washington, D.C. The Board of Governors uses this information when determining national economic policies and banking regulations. Clubb said, “I am honored to serve and represent Eastern Washington's interests in economic recovery and job growth.”

Baker Boyer National Bank, headquartered in Walla Walla, Washington, is the oldest independently owned community bank in the state, with nine branches, wealth management and business banking offices throughout the Walla Walla Valley, Yakima, and The Tri-Cities. Baker Boyer ranked 87th in the nation among all community banks on the “Top 200 Community Banks” list for 2009 compiled by U.S. Banker magazine based on a three year average return on equity (ROE). It also ranked 15th on the 2009 Seattle Business magazine list of “Best Places to Work in Washington.”

The Federal Reserve's Portland Branch Board of Directors is chaired by James Rudd, Ferguson Wellman Capital Management, Inc. Other members include David Chen of Equilibrium Capital Group LLC, Peggy Fowler of Portland General Electric, Roger Hinshaw of Bank of America, Judith Johansen of Marylhurst University and Roderick Wendt of JELD-WEN, inc.

The Federal Reserve Bank of San Francisco provides wholesale banking services to financial institutions in the nine western states through its head office in San Francisco, branch offices in Los Angeles, Portland, Salt Lake City, Seattle, and a cash processing office in Phoenix. As the nation's central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers consumer protection laws, and is fiscal agent for the U.S. government. Learn more about the economy, financial crisis and road ahead at http://frbsf.org/econanswers.

Headquartered in Walla Walla, Baker Boyer Bank is the oldest independently owned community bank in the state with 9 branches and wealth management and business banking offices in Yakima and the Tri Cities. They have 173 employees and $426 million in YTD average assets as of September 30, 2009. Baker Boyer ranked 87th among all community banks nationally on the Top 200 Community Banks list compiled by U.S. Banker magazine. The listing is based on its three year average Return on Equity. It also ranked 15th on the 2009 Seattle Business magazine “Best Places to Work in Washington” and has been chosen as the “Best Bank in the Walla Walla Valley” in a local poll the past five years.

New Online Banking!

Fri, 18 Dec 2009 12:00:00 PST

As part of our continuing mission of guiding you to a brighter financial future, Baker Boyer will soon be providing new Online Banking. The new system will still be able to handle all the old features, plus much, much more! Our new Online Banking is scheduled for release in the first quarter of 2010. Read more...

Megan Clubb Honored as Woman of Influence

Thu, 17 Dec 2009 12:00:00 PST

Megan Clubb Honored as Woman of Influence

Walla Walla - Megan Club, president and CEO of Baker Boyer Bank, was recently one of 16 women honored by Puget Sound Business Journal at the 2009 Women of Influence Awards Banquet in Bellevue on November 19. Clubb was the only honoree from outside the Puget Sound region. The sold out annual event was attended by more than 500 people and raised over $5,000 for a college scholarship for a female student.

The honorees included leaders from Northwest corporations, non-profit organizations, foundations and the health care sector. They were chosen for their ability to mentor others, their leadership and their commitment to their communities.

Each individual was introduced and asked to speak about themselves and then answer a question about their career, values or philosophy on mentoring. Clubb credited her late parents Baker and Jean Ferguson for being outstanding role models. "They instilled in me the importance of giving back to the community and always operating in an honest and open manner."

"While this is a great honor, my success is due to the tremendous people I am privileged to work with at Baker Boyer Bank and in the community," she said. "When you have the support of organizations like the Walla Walla Watershed Alliance and other community groups, you have the opportunity to follow your passion and make a difference."

Did you know...

Wed, 30 Sep 2009 12:00:00 PST

In 1933, Franklin D. Roosevelt issued a four-day mandatory 140th closure of all US banks in an effort to restore confidence in the financial markets? During this time, Baker Boyer Bank operated "out the back door," as their commitment to customers and financial strength translated into business as usual. Perhaps even more remarkable, 75 years later, as the US financial system is suffering yet another tremendous downturn, Baker Boyer Bank remains a foundation of strength for the local economy and leader amongst peers in financial performance.

Here’s the fact. Baker Boyer Bank did not take our clients’ deposits to make risky sub-prime mortgages. Nor did we get involved in complex Mortgage Backed Security investments which have been the culprit of financial distress. As a result of our conservative approach, Baker Boyer currently ranks #87 among thousands of community banks across the country based on financial performance. And if you have ever heard the saying "great places to work make great places to do business", then you’ll be happy to know Seattle Business magazine ranks Baker Boyer the #15 best place to work in the State of Washington.

You may be asking yourself "what does this mean for me?" Well, in all honesty, our financial strength means that we can continue to concentrate on what matters most. While other institutions are struggling with issues, Baker Boyer remains focused on providing our customers with sound financial advice and offering valuable services to clients. Baker Boyer Bank is in a prime position to focus on all of your financial needs. Whether you are looking for easy-to-use online banking, looking to buy a house, searching for expert savings advice, or simply looking for somewhere safe to store your hard-earned money, we would love to welcome you to the Baker Boyer family. If you ever find yourself with needs or questions, we'd love to help you find solutions. We want you to feel welcome to contact us at any time. Let's Talk!

Celebrating 140 Years!

Tue, 22 Sep 2009 12:00:00 PST

Baker Boyer is proud to hold the distinction as the oldest community bank in the state. These 140 years of experience demonstrate our ability to guide ourselves and our clients through many market cycles. Please join us as we celebrate our 140th Anniversary on Wednesday, September 23, from 11:00 am to 2:00 pm in the Main Office covered parking lot at 7 W Main, Walla Walla.

Debit Card Protection

Wed, 5 Aug 2009 12:00:00 PST

Baker Boyer wants the highest in security for you and your debit card. We're taking new measures to keep your accounts secure. (read more)

Baker Boyer Bank Honored for Performance and Work Climate

Mon, 29 Jun 2009 12:00:00 PST

Baker Boyer Bank was recognized this month for its performance in two key areas that are very important in unsettled times, Chairman and CEO Megan Clubb announced today. (read more)

Baker Boyer Appoints Michael Pettyjohn as Regional Manager

Mon, 22 Jun 2009 12:00:00 PST

Baker Boyer Bank is pleased to announce the appointment of Michael Pettyjohn as vice president and regional manager of Tri-Cities Wealth Management and Business Banking. (read more)

Baker Boyer Reports Growth in Loans and Earnings

Mon, 16 Mar 2009 12:00:00 PST

Baker Boyer Bank earnings per share increased to $3.44 in 2008, up from $3.40 a year earlier, while average loans grew by 2% and average total assets increased 4% to $389 million. (read more)